Funding arb · Price arb /

MRVL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.037%

Price spread now: Bybit against Arcus+0.251%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Bybit is 0.251% dearer against Arcus than usual: you sell high and buy low (spread +0.251% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 21 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MRVL-USD	255.31	0.0040	pay 0.0005% / 1h	6m 28s	$24K	$27K	5x
Short	Bybit MRVLUSDT	255.95	0	get 0.0000% / 8h	3h 06m	$5.0M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee BybitbpOrdersPrice spread, now +0.251%Rate

Funding earned: −$8.46
Price spread: +0.251% → 0.000%: $25.07
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $1.11
Costs to cover: 0.155%
Break-even: from the start

Slippage unknown: Arcus: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus no order-book sample	—	—	—	—	—
Sell Bybit live order book, 1 min ago	1.57 bp	10.1 bp −$10	25.3 bp −$253	doesn't fit	doesn't fit

Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MRVLUSDT	−0.0464%	8h	256.20	+0.349%	$5.5M	$16.4M	20x	as long as short
BloFin MRVL-USDT	−0.0008%	8h	255.27	−0.016%	$367K	$174K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.06	+0.292%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.80	+0.194%	$49K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.05	+0.291%	$23.5M	$110.0M	50x	as long as short
Bybit MRVLUSDTshort	0.0000%	8h	255.95	+0.251%	$5.0M	$3.9M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	256.10	+0.309%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.85	+0.212%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.57	+0.101%	$709K	$628K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.28	−0.012%	$243	$191K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	255.36	+0.020%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.28	−0.012%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.46	+0.059%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	255.53	+0.086%	$593	$48K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.91	+0.235%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.85	+0.212%	$89K	$203K	10x	as long as short
Arcus MRVL-USDlong	+0.0040%	1h	255.31	long leg	$24K	$27K	5x
Vest MRVL-USD-PERP	+0.0046%	1h	256.10	+0.309%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.75	+0.172%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.91	+0.235%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.29	−0.008%	$148	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.47	+0.063%	$547K	$726K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.83	+0.202%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0087%	4h	255.33	+0.009%	$36K	$372K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.30	−0.004%	$321K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0095%	1h	255.92	+0.237%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.28	−0.012%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.37	+0.024%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.34	+0.013%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0110%	8h	256.06	+0.294%	$506K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	255.50	+0.074%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.483%	$11K	$734	12x	as long as short